Free Trial

Sunoco (SUN) Stock Forecast & Price Target

$54.81
+0.30 (+0.55%)
(As of 07/26/2024 ET)

Sunoco - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 7 Wall Street analysts who have issued ratings for Sunoco in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 1 has given a hold rating, and 6 have given a buy rating for SUN.

Consensus Price Target

$61.86
12.86% Upside
High Forecast$65.00
Average Forecast$61.86
Low Forecast$59.00

According to the 7 analysts' twelve-month price targets for Sunoco, the average price target is $61.86. The highest price target for SUN is $65.00, while the lowest price target for SUN is $59.00. The average price target represents a forecasted upside of 12.86% from the current price of $54.81.

TypeCurrent Forecast
7/28/23 to 7/27/24
1 Month Ago
6/28/23 to 6/27/24
3 Months Ago
4/29/23 to 4/28/24
1 Year Ago
7/28/22 to 7/28/23
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
2 Buy rating(s)
4 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
5 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$61.86$62.00$62.71$50.29
Forecasted Upside12.86% Upside12.12% Upside2.08% Upside10.86% Upside
Get Sunoco Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for SUN and its competitors with MarketBeat's FREE daily newsletter.

SUN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

SUN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Sunoco Stock vs. The Competition

TypeSunocoOils/Energy CompaniesS&P 500
Consensus Rating Score
2.86
2.56
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside12.86% Upside230.54% Upside9.18% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/10/2024Barclays
2 of 5 stars
 Lower TargetOverweight ➝ Overweight$61.00 ➝ $60.00+6.76%
6/18/2024Citigroup
3 of 5 stars
 UpgradeNeutral ➝ Buy$65.00+18.94%
6/7/2024Stifel Nicolaus
4 of 5 stars
 UpgradeHold ➝ Buy$62.00 ➝ $62.00+13.74%
6/5/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageNeutral ➝ Overweight$60.00 ➝ $61.00+20.32%
6/4/2024Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating
G. Moreen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeNeutral ➝ Buy$60.00 ➝ $59.00+15.98%
2/20/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetEqual Weight ➝ Equal Weight$60.00 ➝ $61.00-1.39%
1/19/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$55.00 ➝ $65.00+7.44%
11/2/2022Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform$48.00 ➝ $50.00+11.48%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:37 AM ET.

SUN Forecast - Frequently Asked Questions

What is Sunoco's forecast for 2024?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Sunoco is $61.86, with a high forecast of $65.00 and a low forecast of $59.00.

Should I buy or sell Sunoco stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sunoco in the last twelve months. There is currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SUN shares.

Does Sunoco's stock price have much upside?

According to analysts, Sunoco's stock has a predicted upside of 11.23% based on their 12-month stock forecasts.

Has Sunoco been upgraded by Wall Street analysts recently?

Over the previous 90 days, Sunoco's stock had 3 upgrades by analysts.

What analysts cover Sunoco?

Sunoco has been rated by research analysts at Barclays, Citigroup, JPMorgan Chase & Co., Mizuho, and Stifel Nicolaus in the past 90 days.

Do Wall Street analysts like Sunoco more than its competitors?

Analysts like Sunoco more than other "oils/energy" companies. The consensus rating score for Sunoco is 2.86 while the average consensus rating score for "oils/energy" companies is 2.56. Learn more on how SUN compares to other companies.


This page (NYSE:SUN) was last updated on 7/27/2024 by MarketBeat.com Staff

From Our Partners